Depreciation and Home

The Basics of Depreciation

Depreciation is the most complicated tax issue family child care providers face. It’s complicated because there are so many rules associated with it and they often change from year to year. And there’s a lot of math involved! What fun…. Read More ›

When is Landscaping Deductible?

Of all the hundreds of types of deductions you can claim as a family child care provider, landscaping is one of the most complicated. The general IRS rules says to depreciate over 15 years items that are “inextricably associated with… Read More ›

Get a Copy of Your Depreciation Schedule

Depreciation is the process of spreading the deduction of certain items you purchase for your business over a number of years. It’s a topic that few family child care providers fully understand. The reason is that depreciation rules are complicated:… Read More ›